The non-oil sector of Saudi Arabia is showing signs of growth as the PMI for March reaches 58.7
The latest Purchasing Managers’ Index (PMI) figures reveal a reading of 58.7 for March, indicating expansion in Saudi Arabia’s non-oil sector.
April 3, 2023
Ekar and Primo: Signs a strategic partnership agreement
The agreement was signed on behalf of Taajeer Group by Mr. Hussain Abdullah, the General Manager of Taajeer Al Khalijiah, and Mr. Hesham Salah, the General Manager of Ekar in Saudi Arabia, in the presence of senior management representing Taajeer Group and Ekar. Taajeer Al Khalijiah (Saudi Primo), a subsidiary of Taajeer Group, has concluded […]
April 3, 2023
The Chai Master, Mr. Rafih Filli – CEO of FiLLi Cafe
Mr Rafih FiLLi is a fun loving person and enjoyed being in the company of his friends. The history of the name FiLLi traces back to his school days, where his friends gave Mr Rafih the title FiLLi. Little did anyone know that this name given for the sake of fun would one day lead […]
April 3, 2023
With Technology Addressing Climate Change Taking The Center Stage, Meet The Queen Of Blockchain Sustainability, Dr. Yana Leonova
In the wake of the global climate crisis, advocates, policymakers, and decision-makers alike have been pushing for concrete eco-friendly reforms. Yet, many remain convinced that deviating from the status quo will derail the economic engine that has propelled us to such great heights. Moreover, the idea of fighting against the pervasive notion that a prosperous […]
UAE GDP to grow 4.3% in 2024.
The UAE has experienced substantial economic growth. Government policies, investment levels, changes in global economic conditions, and a variety of other factors can all have an impact on GDP growth. It’s also worth mentioning that economic forecasts are frequently subject to adjustment when new data becomes available, and actual results may differ from expectations.
UAE’s decide on ‘tax residency’.
The resolution clarifies certain rules set out for natural persons and legal persons residing in the Emirates. It lays down rules which determine as to when a person, whether natural or legal, may be considered as a tax resident in the UAE. The rules have been framed in consonance with internationally recognized standards and are set to come in force from March 1, 2023.
Dubai New Economy Plan Which Targets 30 unicorns in a decade.
On Wednesday, Dubai unveiled a 32 trillion dirham ($8.7 trillion) economic plan with aims to boost trade and investments over the next decade as it seeks to double the size of the emirate’s economy. The new agenda, also known as D33, comprises up to 100 transformative projects in Dubai as the government strives to rank […]
Dubai Is All Set To Announces It’s New Boost In The Field Of Tourism.
Dubai’s Department of Economy and Tourism has established three subsidiaries in order to expand the business. The new organizations will make doing business in the city easier and will attract international investment to the UAE. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of Dubai, enacted new legislation to start the new businesses.
Revealed: Dubai top global city to relocate.
Due to its favorable tax policies, rich culture, and growing economic climate, Dubai was already a popular relocation destination. Dubai has drawn a large number of expats from all over the world, particularly from the Middle East, South Asia, and Africa.
UAE is home to over 70,000 millionaires.
Dubai is seeing an increase in the number of luxury branded properties. With over 70,000 millionaires, the UAE is expected to see a 22% increase in high-net-worth families by 2027. According to the most recent wealth report by New World Wealth, the United Arab Emirates (UAE) is home to more than 70,000 millionaires.